Ten Things You Need to Know Today: Thursday 4 Dec 2014

1. OSBORNE TO ‘TAKE UK BACK TO THE THIRTIES’

Public spending will be reduced to levels unseen since the 1930s, chancellor George Osborne’s autumn statement reveals. Further cuts totalling £60bn to police, justice and local government are expected. Lib Dem minister Vince Cable says the plans, to bring spending down to 35% of GDP, are “wholly unrealistic”.

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